Flywheel Private Wealth LLC Reduces Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Flywheel Private Wealth LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 30.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,707 shares of the exchange traded fund’s stock after selling 732 shares during the quarter. Flywheel Private Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Amundi lifted its holdings in shares of iShares Russell 2000 ETF by 1,894.7% in the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock worth $420,000 after buying an additional 1,800 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,631,000. Pinnacle Wealth Management Advisory Group LLC raised its stake in iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after purchasing an additional 339 shares in the last quarter. Nuveen Asset Management LLC raised its stake in iShares Russell 2000 ETF by 66.9% in the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 4,400 shares in the last quarter. Finally, Corebridge Financial Inc. raised its stake in iShares Russell 2000 ETF by 16.4% in the fourth quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after purchasing an additional 1,000 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $213.63 on Thursday. The firm’s 50 day simple moving average is $198.26 and its 200 day simple moving average is $212.88. The company has a market capitalization of $64.06 billion, a P/E ratio of 16.63 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $244.98.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.